$ZRX /USDT based on your data:
Current Price:
0.1659 USDT (+27.52% in 24h, but recently down -1.37%)
24h Range:
High: 0.2035
Low: 0.1277
Volume:
ZRX: 123.50M
USDT: 20.08M
Technical Outlook:
1. Trend:
ZRX had a strong upward move, hitting a 24h high of 0.2035.
Currently, it’s retracing (~18% down from the high), indicating profit-taking pressure.
2. Support & Resistance:
Support: 0.1600 → psychological and recent consolidation zone.
Next Support: 0.1400 → previous swing low, strong buyer interest.
Resistance: 0.1800 → minor resistance from recent pullback.
Next Resistance: 0.2000 → near 24h high, major resistance level.
3. Short-Term Outlook (15m–1h):
The immediate pullback could continue toward 0.1600–0.1620.
A bounce here could trigger another attempt at 0.1800–0.2000.
4. Trade Idea (Short-Term / Scalping):
Short: If price fails to hold 0.1650–0.1600 and breaks down with volume, target 0.1400.
Stop-Loss: Above 0.1750–0.1800 for safety.
5. Risk Note:
ZRX is volatile; large spikes can reverse quickly. Watch volume and price action closely near support/resistance.
If you want, I can also draw a mini chart showing support, resistance, and possible short setups for ZRX/USDT for clarity. Do you want me to do that?
